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A company purchased factory equipment for $ 7 3 0 0 0 0 . It is estimated that the equipment will have a $ 6

A company purchased factory equipment for $730000. It is estimated that the equipment will have a $63000 salvage value at the end of its estimated 5-year useful life. If the company uses the double-declining-balance method of depreciation, the amount of annual depreciation recorded for the second year after purchase would be
$133400.
$266800.
$292000.
$175200.
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